Hamster Scalping Robot Review: Hamster Scalping is an expert advisor. It was created to assist and guide traders navigate the perilous journey of trading. Is buying this EA worth it? Read through our review to see what experts have to say about Hamster Scalping.
Table of Contents
What Are Forex EAs, Signals or Indicators?
An expert advisor (EA) is software that directs and guide you on what trades to make or pass on. It even automatically starts and carries out trades according to a set of already programmed instructions. Expert advisors are most often deployed on the MT4 or MT5 forex trading platforms.
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We cannot overstate the advantages and usefulness of Expert advisor. Among the many advantages is the slight learning curve involved in using the Expert Advisor. That is to say, you need little learning to use an EA as the trades are being carried out by a set of instructions already made by an expert. Another advantage is that it can consider a lot of variables that humans may not have the time or potential to handle.
It is normal and not out of character for a Forex EA vendor or signal providers to lay claims to their product being a sure-fire way for you to get richer (it’s mostly just marketing.). This is because anyone who is looking for a signal provider is searching for a hassle-free way to make some profit.
However, traders need to be careful about believing everything they encounter in the business sphere. Some are geared to just deceive and steal their funds. Considering what is offered and proofs are effective means of discovering fraud as well as reading our reviews and comparing the offers to those of other legit vendors at the bottom of this article.
Hamster Scalping EA Review
This EAs has undergone various updates in the past month, which goes to show how proactive the developer behind it is.
The developer in question is Ramil Minniakhmetov, a Russian developer, who has over 10 different products to his name.
How Hamster Scalping EA Works
In this section, we cover the strategy of the EA. We also looked at the trade result if they provide any. For the trade results we hold results that are posted on myfxbook to be standard, but we also consider fxblue and other alternatives.
Ramil is using the scalping strategy with the M1 timeframe.
Hamster Scalping EA Price
$35
Client Feedback
Customer feedback is a vital instrument for us to offer up a quantitative review and analysis of an EA. We mostly consider feedback a third-party site as we have found that reviews on the official page might be manipulated, concocted or paid for.
We could not find many reviews by customers who had used this EA before, at least not enough to form a conclusive decision.
Read through our Yeti EA Review to compare and contrast the services they offer. You can also read our reviews on fxalg EA, FxPriemere, and Forex real profit.
Conclusion
Going from the trade results, we have come to the conclusion that the strategy this particular EA uses may bust your account.
Asides from that, everything else seems to be okay with this EA if the reviews are anything to go by. This EA is also priced reasonably and hence, consumers probably would not be taking much of an initial risk even if the EA cannot deliver the promised profitability.
We do advise caution, though.
EXPERT RECOMMENDATION: Use the Best Forex EAs/Robots in the Market Below
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Strategy: Scalping
Time Frame: M1, M5, M15 and M30
Currency Pairs: All Pairs
License fee: $147
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Strategy: Stop and Reverse
Time Frame: All time frames
Currency Pairs: EUR/USD, EUR/GBP and USD/CHF
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Strategy: Scalping
Time Frame: M1, M5, M15
Currency Pairs: All Pairs
License fee: $147
30 Day Money-back Guarantee